CHAPTER 11—WRITTEN CONTRACTS Key
1. Which of the following is true of contracts?
2. Which of the following is true of the Statute of Frauds?
3. Which of the following types of agreements according to the Statute of Frauds need to be in writing?.
4. Default refers to:
5. When a party sues to enforce an alleged contract, the Statute of Frauds requires that:
6. Which of the following is a requirement made by the Statute of Frauds when a party sues to enforce an
alleged contract?
7. Parol evidence refers to:
8. Which of the following is true of the parol evidence rule?
9. An advantage that written contracts have over an oral contracts is that they can be ascertained.
10. According to the Statute of Frauds, an agreement of an executor to pay the debts of the estate from the
executor’s personal funds, needs to be an oral contract.
11. A lease of real property for less than one year must be in writing in order to be binding.
12. The Statute of Frauds’ requirement of writing applies if the main purpose of the promise is to gain some
advantage for the promisor.
13. The Statute of Frauds does not apply when the promisor promises the debtor that the promisor will pay the
debt owed to the third person.
14. The Statute of Frauds recognizes electronic signatures as legally enforceable.
15. The contract and the memorandum required by the Statute of Frauds must set forth all
the material terms of the transaction.
16. The Statute of Frauds states that the memorandum must contain more essential terms than the written
contract.
17. The Statute requires a written memorandum to contain all information on one piece of paper.
18. The parol evidence rule assumes that a written contract represents the complete agreement.
19. In some states, a joint contract is interpreted as being both joint and several.
20. What is the parol evidence rule? Explain.